A gold mining firm is concerned about short-term volatility in its revenues. Gold currently sells for $1,350 an ounce, but the price could fall as low as $1,240 or rise as high as $1,500 in the next month. The company will bring 3,000 ounces to the market next month. a) The futures price of gold for 1-month-ahead delivery is $1,360. What will be the firm's total revenues at each gold price if the firm enters a 1-month futures contract to deliver 3,000 ounces of gold? $1,240 $1,350 $1,500